€2.6 bn
HU is a net exporter of goods with a surplus of €2.6 bn
in 2025, focused on energy resources, machinery & vehicles, and pharmaceuticals
Services trade is stable,
and Hungary remains a net exporter, mainly of transport and logistics services, connected to TIS companies
43k
HU hosts 43k Ukrainian war migrants, and 4.2 mln Ukrainians entered the EU through the UA-HU border during 2022-2024
UA exports electrical components, agrifood
and wood products
Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.
With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.
Free movements of goods and services
HU exports to UA mainly natural gas, fuel and electricity, electrical machinery, pharma and vehicles
UA exports to HU electrical machinery and equipment as part of the automotive cluster, as well as sugar, confectionery, cereals, oilseeds, and wood
€236 mln
HU is a net exporter
of services, with a surplus
of €236 mln in 2024, focusing on transport, logistics,
and travel services
UA exported processing and transport services. Transport services have more than doubled on both sides since 2021
Trade Balance AU-HU 2024
Free movement of persons and capital
Pre war:
15k
Ukrainians in Hungary in 2021
Post-2022:
late-2025, largely women
and minors, with man flow
in 2024-2025
157k
ethnic Hungarians
concentrated in Zakarpattia, reported by UA in 2001
8.9k
HU-language student numbers (2024/25)
Refugees in HU, Nov.2025
Tighter co-operation potential
Cross-border logistics and transportation will benefit foreign trade and the economic development of both countries.
HU’s complete rejection of russian oil in favour of Adria/JANAF capacity will increase demand for HU fuel from UA.
Supply chains deepening between firms in the automotive industry, agrifood, construction materials, pharma
and financial services will require additional investments
amid EU standards and rules.
Interesting fact
